← FIRST CITIZENS BANCSHARES INC /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $225.5m
$323.8m +43.58%
$400.3m +23.65%
$457.4m +14.25%
$491.7m +7.51%
$547.5m +11.33%
$1.1b +100.56%
$11.5b +944.26%
$2.8b -75.78%
$2.2b -20.56%
—
Net Income (Loss) Available to Common Stockholders, Basic — — — — $477.7m
$528.9m +10.73%
$1.0b +98.14%
$11.4b +988.45%
$2.7b -76.19%
$2.1b -20.88%
—
Depreciation, Depletion and Amortization $88.8m $90.8m $96.8m $103.8m $108.6m $106.6m $142.0m $225.0m $276.0m $314.0m $548.0m
Depreciation, Amortization and Accretion, Net $88.8m $90.8m $96.8m $103.8m $108.6m $106.6m $533.0m ($57.0m) $130.0m $405.0m $548.0m
Amortization of Intangible Assets $21.8m $22.8m $23.6m $23.9m $32.8m $25.6m $23.0m $57.0m $63.0m $54.0m —
Deferred Income Tax Expense (Benefit) $33.1m $125.8m ($13.4m) $54.6m ($25.5m) ($7.6m) $206.0m ($165.0m) $6.0m ($111.0m) $42.0m
Share-based Payment Arrangement, Noncash Expense — — — — — — $19.0m $5.0m $0 $0 $0
Goodwill, Impairment Loss — — — — $0 — — $0 $0 $0 $2.0m
Changes in operating assets and liabilities:
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — $645.0m $1.2b $469.0m $530.0m —
Increase (Decrease) in Other Operating Assets $27.7m $46.9m ($304.5m) $28.1m $7.3m $12.9m ($484.0m) ($206.0m) $495.0m $282.0m —
Increase (Decrease) in Other Operating Liabilities ($25.5m) ($29.5m) ($40.9m) ($19.6m) ($6.1m) $6.9m $260.0m ($379.0m) ($34.0m) $170.0m —
Net Cash Provided by (Used in) Operating Activities $232.4m
$351.7m +51.29%
$765.8m +117.77%
$540.6m -29.41%
$340.0m -37.10%
($283.8m) -183.46%
$2.8b +1083.50%
$2.7b -4.69%
$3.0b +12.33%
$2.9b -2.18%
$3.2b +8.83%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment — $524k ($2.5m) ($4.1m) — — ($5.0m) $0 $0 — ($48.0m)
Payments to Acquire Property, Plant, and Equipment $81.8m $84.8m $140.4m $121.1m $133.4m $107.4m $155.0m $405.0m $429.0m $710.0m ($1.6b)
Equipment Expense $92.5m $97.5m $102.9m $112.3m $115.5m $119.2m $216.0m $422.0m $504.0m $555.0m —
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $2.1b $1.8b $1.6b $2.3b $2.8b $2.5b $1.2b $2.1b $7.4b $13.0b —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — $351k $7.1m $60.3m $33.1m $0 ($26.0m) $0 $2.0m —
Debt Securities, Realized Gain (Loss) — — — — — — $0 $26.0m $6.0m $3.0m —
Payments to Acquire Businesses, Net of Cash Acquired $727k ($304.8m) $155.1m $236.7m $60.0m $0 ($134.0m) — — — $0
Payments for (Proceeds from) Other Investing Activities — — — — — $25.3m ($49.0m) ($208.0m) $473.0m $806.0m —
Net Cash Provided by (Used in) Investing Activities ($1.1b) ($668.7m) ($210.9m) ($1.6b) ($9.9b) ($7.6b) $75.0m $2.4b ($10.2b) ($5.6b) ($7.5b)
Cash flows from financing activities:
Repayments of Long-term Debt — — — — — — $5.1b $13.1b $450.0m $2.9b ($7.5b)
Debt and Equity Securities, Gain (Loss) — — $351k — — — $0 — — ($3.0m) —
Gain (Loss) on Extinguishment of Debt $0 $919k $26.6m $0 $0 $0 $7.0m $0 ($2.0m) ($9.0m) —
Proceeds from Issuance of Long-term Debt $150.0m $175.0m $125.0m $200.0m $400.0m $0 $3.9b $10.0b $0 $1.8b $1.8b
Payments for Repurchase of Common Stock $0 $0 $163.1m $453.1m $333.8m $0 $1.2b $0 $1.6b $3.0b —
Payments of Ordinary Dividends, Common Stock $14.4m $10.8m $16.8m $18.1m $30.4m $41.6m $83.0m $117.0m $158.0m $161.0m ($185.0m)
Payments of Dividends $14.4m $10.8m $16.8m $18.1m $30.4m $41.6m $83.0m $117.0m $158.0m $161.0m ($185.0m)
Proceeds from (Payments for) Other Financing Activities — — — — — — ($24.0m) ($7.0m) ($14.0m) $0 —
Net Cash Provided by (Used in) Financing Activities — — — $1.1b
$9.5b +791.80%
$7.8b -17.75%
($2.7b) -134.31%
($4.7b) -74.94%
$7.1b +250.52%
$2.7b -62.18%
$4.9b +83.55%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — ($14.7m) ($24.2m) $180.0m $390.0m ($94.0m) ($13.0m) $1.5b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — $362.0m $337.8m $518.0m $908.0m $814.0m $801.0m $1.5b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Provision for Loan, Lease, and Other Losses $32.9m $25.7m — — $58.4m ($36.8m) $645.0m $1.4b $431.0m $514.0m $307.0m
Bank Owned Life Insurance Income — — — — — — $32.0m $8.0m — — —
Gain (Loss) on Sales of Loans, Net $15.8m $14.8m $11.2m $14.9m $37.6m $32.7m $22.0m ($2.0m) $7.0m $21.0m —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $37.1m — — — $525.0m $3.7b $5.1b $4.8b —
Income Taxes Paid, Net — — — — — — ($551.0m) $514.0m $763.0m $315.0m —
Additional Financial Items
Equity Securities, FV-NI, Gain (Loss) — — ($7.6m) $20.6m $29.4m $33.1m ($3.0m) ($11.0m) $13.0m $22.0m —
Equity Securities, FV-NI, Realized Gain (Loss) — — $1.2m — — — $0 — ($6.0m) ($3.0m) —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — ($8.8m) $4.3m ($15.2m) $17.8m $0 $26.0m ($6.0m) ($3.0m) —
Fair Value, Option, Changes in Fair Value, Gain (Loss) — — $50k $289k $3.9m ($3.0m) ($3.0m) $0 — — —
Gain (Loss) on Disposition of Business $0 $0 — — — — — — — — —
Goodwill $150.6m $150.6m $236.3m $349.4m $350.3m $346.1m $346.0m $346.0m $346.0m $346.0m $2.0m
Income Tax Expense (Benefit) $125.6m $219.9m $103.3m $134.7m $126.2m $154.2m $264.0m $611.0m $815.0m $765.0m —
Operating Lease, Lease Income — — — — — — $864.0m $971.0m $1.0b $1.1b —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — — — $551.0m — — — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.